Best business books

All the books listed for the Financial Times and McKinsey Business Book of the Year Award

How Markets Fail by John Cassidy

How Markets Fail

John Cassidy shows that the roots of our most recent financial failure lie not with individuals, but with an idea - the idea that markets are inherently rational. — Penguin

Synopsis

How did we get to where we are? John Cassidy shows that the roots of our most recent financial failure lie not with individuals, but with an idea - the idea that markets are inherently rational. He gives us the big picture behind the financial headlines, tracing the rise and fall of free market ideology from Adam Smith to Milton Friedman and Alan Greenspan. Full of wit, sense and, above all, a deeper understanding, How Markets Fail argues for the end of ‘utopian’ economics, and the beginning of a pragmatic, reality-based way of thinking.